EVI Industries Inc EVI

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsUnited States of America

Last close 21.45 USD on Nov 1, 2026, −13.8% year to date

Quant rating

Quant rating B Rank 151 of 486 in Industrials

Growth A 32 of 486
Valuation B 130 of 486
Quality C 264 of 486
Revisions C 233 of 486
Momentum B 185 of 486

Wall Street consensus Buy (2.00)Average target 32.00 USD +49.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 276M
Enterprise value: 320M
52-week range: 12.77 – 29.15
3-year range: 12.77 – 34.03
Dividend yield: –
Beta (5 years): 0.01
Shares outstanding: 13.0M
Next earnings: Nov 9, 2026

About the company

EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. It provides its customers with planning, design, and consulting services related to their commercial laundry operations. It sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company’s network of commercial laundry technicians, the Company provides its customers with installation, maintenance, and repair services. It also sells replacement parts and accessories for the products it distributes. The Company also provides garment care services to individual consumers and retail partners through the Company’s consumer garment care services division.

Growth and profitability fiscal year ends June 30

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	447	390	354	354	267	–
Revenue growth	14.6%	10.3%	−0.2%	32.5%	10.5%	13.0%
EPS (basic, normalized)	0.48	0.49	–	–	–	–
EPS growth	−2.0%	–	–	–	–	–
Gross margin	31.5%	30.4%	29.8%	29.3%	27.6%	29.7%
Net margin	1.5%	1.6%	1.4%	2.4%	1.4%	1.7%
ROE	5.3%	5.4%	4.2%	7.8%	3.6%	5.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	6.8
Current ratio	1.64x
Long-term debt (mil)	51.0
Net debt (mil)	44.2
Total equity (mil)	150
Net debt / equity	0.29x
Net debt / EBITDA	1.52x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	447	+14.6%	0.7x	29.1	+20.3%	11.0x	0.48	−2.0%	44.7x
2027	484	+8.4%	0.7x	40.1	+37.7%	8.0x	0.97	+102.1%	22.1x
2028	507	+4.7%	0.6x	45.8	+14.2%	7.0x	1.26	+29.9%	17.0x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	484	0.0%	+3.8%	+4.6%	0.97	0.0%	+6.6%	+4.3%
2028	507	0.0%	–	–	1.26	0.0%	–	–
2029	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	–	–	–	–	–	110	108	115	101	122
Sales mean (mil)	–	–	–	–	–	105	109	108	111	117
Surprise	–	–	–	–	–	+4.3%	−0.7%	+6.7%	−9.1%	+4.1%
EPS reported	–	–	–	–	–	0.14	0.11	0.15	0.05	0.17
EPS mean	–	–	–	–	–	0.09	0.16	0.16	0.16	0.17
Surprise	–	–	–	–	–	+55.6%	−31.2%	−6.2%	−68.8%	0.0%

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
EVI EVI Industries Inc	276M	1.52x	1.5%	1.82x	22.1x	17.0x	8.0x	7.0x
KLBE Kilburn Engineering Ltd	250M	–	15.3%	3.43x	29.7x	23.5x	21.1x	16.7x
FELE Franklin Electric Co., Inc.	4.2B	1.22x	6.9%	2.91x	20.1x	17.9x	12.1x	10.7x
DNOW DNOW Inc.	2.9B	1.75x	−3.2%	1.41x	47.0x	19.7x	14.8x	9.7x
HLIO Helios Technologies Inc	2.2B	1.64x	5.8%	2.30x	21.5x	19.3x	13.3x	12.2x
WJX Wajax Corp	532M	2.09x	2.7%	1.31x	10.8x	9.6x	6.1x	5.8x
Mean		1.64x	4.8%	2.20x	25.2x	17.8x	12.6x	10.4x
Median		1.64x	4.2%	2.06x	21.8x	18.6x	12.7x	10.2x

Technical analysis

1M+6.4%
3M+40.7%
1Y−24.0%
3Y−10.6%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, EVI Industries Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	447	390	354	354	267	242
Cost of revenue	306	271	248	250	194	182
Gross profit	141	118	105	104	73.7	59.8
Selling, general & administrative expenses	117	97.6	93.6	87.2	67.3	56.6
Research & development	–	–	–	–	–	–
Depreciation/amortization	8.1	6.7	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	0.3	–	–	0	−7.0
Other operating expenses	0	0	0	0	0	0
Operating income	15.7	13.8	11.6	16.5	6.4	10.2
Net interest income (expense)	−3.9	−2.7	−2.7	−2.5	−0.7	−0.3
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	11.8	11.0	8.9	14.0	5.7	9.9
Provision for taxes	4.1	3.5	3.2	4.3	1.6	1.5
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	7.7	7.5	5.6	9.7	4.1	8.4
Extraordinary items	–	–	–	–	–	–
Net income	7.7	7.5	5.6	9.7	4.1	8.4
EBIT, normalized	15.7	14.1	11.6	16.5	6.4	3.2
EBITDA, normalized	23.8	20.8	17.6	22.5	11.6	7.8
Basic EPS, normalized	0.48	0.49	–	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, EVI Industries Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	6.8	8.9	4.6	5.9	4.0	6.1
Receivables	58.5	61.3	43.0	50.3	45.7	29.8
Total inventory	66.3	66.1	47.9	59.2	49.4	25.1
Prepaid expenses	1.6	1.9	2.0	3.1	2.4	0.7
Other current assets	7.8	7.3	4.5	7.0	4.2	3.6
Total current assets	141	145	102	125	106	65.2
Property, plant & equipment	30.8	28.5	22.0	21.7	20.5	17.7
Goodwill	93.9	91.7	75.1	73.4	71.0	63.9
Intangibles	28.9	30.9	22.0	24.1	26.2	23.7
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	9.9	10.5	9.6	9.2	7.4	7.4
Total assets	304	307	231	254	231	178
Liabilities
Accounts payable	35.7	37.9	23.1	26.7	32.6	20.7
Payable/accrued	–	–	–	–	–	–
Accrued expenses	30.3	32.2	22.3	25.8	20.4	15.2
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	0
Other current liabilities	20.1	24.7	24.4	24.0	21.8	13.6
Total current liabilities	86.1	94.9	69.8	76.4	74.8	49.5
Long-term debt	51.0	53.0	12.9	34.9	27.8	11.9
Minority interest	–	–	–	–	–	–
Other liabilities	17.3	15.7	11.3	11.6	10.4	9.8
Total liabilities	154	164	94.1	123	113	71.1
Shareholders' equity
Preferred stock	0	0	0	0	0	0
Common stock	0.3	0.3	0.3	0.3	0.3	0.3
Additional paid-in capital	117	111	107	101	97.5	90.5
Retained earnings (accumulated deficit)	39.8	37.1	34.2	32.6	22.9	18.8
Treasury stock	−6.7	−5.2	−4.4	−3.2	−3.1	−2.9
Other equity	0	0	0	0	0	0
Total equity	150	143	137	131	118	107
Total liabilities & shareholders' equity	304	307	231	254	231	178

Cash flow statement in millions of USD, fiscal years

Cash flow statement, EVI Industries Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	7.7	7.5	5.6	9.7	4.1	8.4
Depreciation, depletion & amortization	8.1	6.7	6.0	6.0	5.2	4.6
Deferred taxes	1.4	−0.8	0.5	0.4	−0.2	1.6
Non-cash items	6.7	5.9	5.8	3.6	3.2	−4.2
Changes in working capital	−3.3	2.0	14.8	−18.8	−14.2	3.3
Cash from operations	20.6	21.3	32.7	0.9	−1.9	13.7
Investing activities
Capital expenditures	−7.2	−4.9	−4.9	−3.7	−4.0	−2.8
Other investing cash flows	−7.2	−46.9	−1.9	−2.3	−12.0	−4.8
Cash from investing	−14.3	−51.8	−6.8	−6.0	−15.9	−7.6
Financing activities
Financing cash flow items	–	–	–	0	−0.2	–
Cash dividends paid	−5.0	−4.6	−4.1	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−3.4	39.4	−23.1	7.0	15.9	−9.8
Cash from financing	−8.3	34.8	−27.2	7.0	15.7	−9.8
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−2.1	4.3	−1.4	1.9	−2.1	−3.7
Free cash flow	13.5	16.4	27.8	−2.8	−5.9	10.9

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.